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- W3147701328 abstract "A spatial variant of the times series based cointegration approach is introduced, covering themes as stationarity and non-stationarity of spatial series; spatial unit roots; spatial integration of order zero, one and higher; spatial cointegration; global equilibrium versus local disequilibria; and spurious regression. As a specific example, a 'surprising' negative cross-sectional correlation between unemployment ratios and out-commuting propensities reported in recent literature is suggested to be spurious, as the errors from a regression of the latter on the former are shown to be spatially non-stationary, thereby preventing meaningfull global equilibrium relationship between the two variables to be inferred." @default.
- W3147701328 created "2021-04-13" @default.
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- W3147701328 date "1999-01-01" @default.
- W3147701328 modified "2023-09-25" @default.
- W3147701328 title "Spatial Cointegration analysis in econometric Modelling" @default.
- W3147701328 hasPublicationYear "1999" @default.
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